Business
Firmer dollar weighs on gold as spotlight shifts to Powell’s speech
By Brijesh Patel Nov 8 (Reuters) - Gold fell for a third straight session on Wednesday, weighed down by a stronger dollar,…
Oil prices stutter after hitting 3-mths-lows, demand concerns mount
By Stephanie Kelly and Muyu Xu Nov 8 (Reuters) - Oil prices stuttered on Wednesday after sliding to their lowest in over…
Banking chiefs say market vulnerable to ‘geopolitical escalation’, regulatory push
Top global banking chiefs on Tuesday said they are concerned the financial sector's next crisis may come from rising geopolitical uncertainty which…
Eurozone economy to contract or stagnate in Q4, ECB’s De Guindos says
The euro zone's economy is likely to contract slightly or at best stagnate in the fourth quarter, ECB's vice president Luis de…
Euro zone recession fears harden as surveys show grim start to Q4
By Jonathan Cable LONDON (Reuters) - The downturn in euro zone business activity accelerated last month as demand in the dominant services…
Two thirds of Britons to spend less this Christmas – Accenture
LONDON (Reuters) - Almost two thirds of UK adults are planning to cut back on spending this Christmas, according to research from…
How European airlines have hedged against fuel price increases
(Reuters) - Higher oil prices amid turmoil in the Middle East are increasing prices of jet fuel, which accounts for a big…
Ryanair sees record annual profit, first regular dividend as fares soar
By Conor Humphries DUBLIN, Nov 6 (Reuters) - Ryanair on Monday forecast a record annual profit and promised to pay investors a…
Virgin Atlantic wins UK permit for 100% sustainable fuel transatlantic flight
LONDON, Nov 6 (Reuters) - Virgin Atlantic will fly from London to New York on Nov. 28 using 100% sustainable aviation fuel…
UK eyes 1.9 million new car sales this year – industry body
Nov 6 (Reuters) - New car sales in Britain are now expected to touch 1.89 million by the end of the year,…
Travelers put off holiday trips to Middle East as Israel-Hamas war rages
By Doyinsola Oladipo and Joanna Plucinska NEW YORK/LONDON, Nov 6 (Reuters) - Travelers are canceling or postponing planned vacations to the Middle…
Euro zone economy started Q4 on back foot, stoking recession fears -PMI
LONDON, Nov 6 (Reuters) - The downturn in euro zone business activity accelerated last month as demand in the dominant services industry…